If USELESS is pure sentiment, then PONS is a rare “launchpad with cash flow.”
PONS is the launchpad token on Robinhood Chain, and it hit No. 1 on CoinGecko’s trending search on 9/2; the current price is about $0.52–$0.56, with a market cap of roughly $300–$400 million; over the past 7 days it’s up +370%, and over the past month +1297%. The platform’s single-day fee revenue once reached about $5.9 million, more than Hyperliquid + Polymarket + Fomo combined; 80% of protocol fees are used for buybacks and burns, and about 29% of the supply has already been burned; Bybit has also listed 20x futures.
It is completely different from those “thin-pool pricing” plays—it has real trading volume, real revenue, and real burns. But there are two red flags that cannot be ignored: the 14-day RSI is around 95, an extreme overbought level; and Robinhood Chain’s 90-day zero-gas subsidy expires this month. Once token issuance costs rise, launch volume may drop sharply, and the buyback pace could weaken accordingly. A competing launchpad on the same chain, Uniswap, has already captured about half of the launch share. Having fundamentals does not mean the current price is cheap.
Do you trust the logic that “if there’s revenue, there’s a floor,” or do you think an RSI of 95 and such extreme overbought conditions are themselves the biggest risk?👇
#Binance #PONS #MemeCoin #RobinhoodChain (for observation only, not investment advice)
PONS is the launchpad token on Robinhood Chain, and it hit No. 1 on CoinGecko’s trending search on 9/2; the current price is about $0.52–$0.56, with a market cap of roughly $300–$400 million; over the past 7 days it’s up +370%, and over the past month +1297%. The platform’s single-day fee revenue once reached about $5.9 million, more than Hyperliquid + Polymarket + Fomo combined; 80% of protocol fees are used for buybacks and burns, and about 29% of the supply has already been burned; Bybit has also listed 20x futures.
It is completely different from those “thin-pool pricing” plays—it has real trading volume, real revenue, and real burns. But there are two red flags that cannot be ignored: the 14-day RSI is around 95, an extreme overbought level; and Robinhood Chain’s 90-day zero-gas subsidy expires this month. Once token issuance costs rise, launch volume may drop sharply, and the buyback pace could weaken accordingly. A competing launchpad on the same chain, Uniswap, has already captured about half of the launch share. Having fundamentals does not mean the current price is cheap.
Do you trust the logic that “if there’s revenue, there’s a floor,” or do you think an RSI of 95 and such extreme overbought conditions are themselves the biggest risk?👇
#Binance #PONS #MemeCoin #RobinhoodChain (for observation only, not investment advice)